TD SYNNEX Balance Sheet Health
Financial Health criteria checks 6/6
TD SYNNEX has a total shareholder equity of $8.0B and total debt of $3.9B, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are $30.3B and $22.2B respectively. TD SYNNEX's EBIT is $1.3B making its interest coverage ratio 4. It has cash and short-term investments of $1.1B.
Key information
48.6%
Debt to equity ratio
US$3.91b
Debt
| Interest coverage ratio | 4x |
| Cash | US$1.06b |
| Equity | US$8.04b |
| Total liabilities | US$22.24b |
| Total assets | US$30.27b |
Recent financial health updates
TD SYNNEX (NYSE:SNX) Has A Somewhat Strained Balance Sheet
Dec 08
These 4 Measures Indicate That TD SYNNEX (NYSE:SNX) Is Using Debt Extensively
Aug 21Recent updates
TD Synnex Corp: All Steam Ahead For FY 2025
Jan 14TD SYNNEX (NYSE:SNX) Is Paying Out A Larger Dividend Than Last Year
Jan 13TD SYNNEX (NYSE:SNX) Has A Somewhat Strained Balance Sheet
Dec 08Is It Too Late To Consider Buying TD SYNNEX Corporation (NYSE:SNX)?
Nov 20Take Care Before Diving Into The Deep End On TD SYNNEX Corporation (NYSE:SNX)
Nov 02TD Synnex: Growing And Improving With Potential 22.4% Return From Covered Calls
Oct 29TD Synnex Corp.: FY25 Should Be A Better Year
Sep 29These 4 Measures Indicate That TD SYNNEX (NYSE:SNX) Is Using Debt Extensively
Aug 21TD Synnex: $2 Billion Buyback Program, Cloud Market, And Cheap
Aug 04What Does TD SYNNEX Corporation's (NYSE:SNX) Share Price Indicate?
Aug 03TD Synnex Corp Q2: Multiple Growth Tailwinds Ahead
Jun 28TD SYNNEX Corporation's (NYSE:SNX) Subdued P/E Might Signal An Opportunity
Jun 19TD Synnex: Gusher Of Cash, $2B Buyback Authorized, Buy Still Justified
Jun 18What Does TD SYNNEX Corporation's (NYSE:SNX) Share Price Indicate?
Apr 26TD Synnex: Tech Distributor Still Has To Distribute To Shareholders
Mar 31TD SYNNEX Corporation (NYSE:SNX) Shares Could Be 43% Below Their Intrinsic Value Estimate
Mar 06TD SYNNEX's (NYSE:SNX) Conservative Accounting Might Explain Soft Earnings
Feb 02Here's What Analysts Are Forecasting For TD SYNNEX Corporation (NYSE:SNX) After Its Annual Results
Jan 30TD Synnex Reports A Large Earnings Beat; Stock Attractive At 8.6x 2024 Earnings Estimates
Jan 11Financial Position Analysis
Short Term Liabilities: SNX's short term assets ($21.3B) exceed its short term liabilities ($17.2B).
Long Term Liabilities: SNX's short term assets ($21.3B) exceed its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: SNX's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: SNX's debt to equity ratio has reduced from 81.8% to 48.6% over the past 5 years.
Debt Coverage: SNX's debt is well covered by operating cash flow (31.2%).
Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 05:31 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TD SYNNEX Corporation is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Long | Barclays |
| George Wang | Barclays |
| Vincent Colicchio | Barrington Research Associates, Inc. |